Study Finds Panama City Beach #1 in U.S. for Investment Rentals

A short term rental income report just published by rented.com has selected Panama City Beach as the best place to buy rental property in the US this year.  The report factored the costs of homeownership versus the short-term rental potential comparing 120 US markets. This is the first publicly available objective assessment of short-term rentals from an investor’s perspective.

Best Performing as Measured by ROI:

Market State Score
Panama City Beach Florida 94.50
Gatlinburg Tennessee 93.60
Galveston Texas 91.80
Palm Coast Florida 90.70
Savannah Georgia 87.90

Acquisition costs, local property taxes, home insurance, HOA’s and maintenance were taken into consideration. The short-term rental rate projections came from local management companies, actual Rented.com demand and Everbooked occupancy. Panama City Beach ranks at the top from an investor’s perspective due to the combination of affordable purchase price, high rental demand, and favorable regulations regarding short term rentals. Read the original report and article by rented.com here.

Dawn Dunlap, Broker for PROperty Connections Boutique specializes in helping investors acquire short term rental property in Panama City Beach. Call her for a private consultation at 850.814.5557.

 

 

Study Finds Panama City Beach #1 in U.S. for Investment Rentals was last modified: August 30th, 2016 by Dawn Dunlap

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